Many residents whose primary homes were foreclosed on in 2009 and 2010 might be eligible for compensation.

A federally-backed review of claims against loan servicers and their foreclosure tactics is underway. Many homeowners will be receiving the Independent Foreclosure Review package.

Some situations that might allow a borrowers some compensation include:

* The mortgage balance amount at the time of the foreclosure action was more than you actually owed.
* You were doing everything the modification agreement required, but the foreclosure sale still happened.
* The foreclosure action occurred while you were protected by bankruptcy.
* You requested assistance/modification, submitted complete documents on time, and were waiting for a decision when the foreclosure sale occurred.
* Fees charged or mortgage payments were inaccurately calculated, processed, or applied.
* The foreclosure action occurred on a mortgage that was obtained before active duty military service began and while on active duty, or within 9 months after the active duty ended and the servicemember did not waive his/her rights under the Servicemembers Civil Relief Act

“This presents an opportunity for Connecticut borrowers to receive some compensation for damages they suffered as a result of harmful practices by the loan servicing companies during foreclosure,” Attorney General Jepsen said. “I would encourage them to take advantage of this program.”

Commissioner Pitkin added, “This is an important program and I encourage anyone who was involved in the foreclosure process and is eligible to participate in this review.”

To be eligible for review and financial remediation, borrowers must have had a mortgage in the foreclosure process between Jan. 1, 2009, and Dec. 31, 2010. In addition, the property securing the loan must have been the borrower’s primary residence, and the loan must have been serviced by one of the following loan servicers:

* America’s Servicing Company
* Aurora Loan Services
* Bank of America
* Beneficial
* Chase
* Citibank
* CitiFinancial
* CitiMortgage
* Countrywide
* EMC
* Everbank/Everhome
* GMAC Mortgage
* HFC
* HSBC
* IndyMac Mortgage Services
* Metlife Bank
* National City
* PNC
* Sovereign Bank
* SunTrust Mortgage
* U.S. Bank
* Wachovia
* Washington Mutual
* Wells Fargo

The Independent Foreclosure Review and claims process was ordered by the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System – the federal agencies with responsibility and authority to regulate and supervise the loan servicers.

The federal agencies have ordered independent firms to evaluate whether individual borrowers suffered financial injury as a result of their loan servicer’s errors, misrepresentations, or other deficient foreclosure practices; and to determine the appropriate amount of financial remediation that the loan servicer must provide to individual borrowers.

Many borrowers have already received letters from the independent firms approved by the federal regulators. Forms should be mailed to the address provided by the April 30, 2012 deadline.

Join us for the first annual Sweets, Treats and Wine Festival – Waterford Lakes Town Center!
Stop by the dozens of vendors for delicious desserts, unique wines and fun for all.

* Saturday, May 21, 2011
* 3:00-7:00pm
* Local Business Expo
* And more!

Stop by our Booth
Informed • Connected • Involved.

~contact Erika Echevestre 407.908.8125

Open to the Public: Community Outreach

Saturday – May 14, 2011
Doubletree Hotel at the entrance to Universal Orlando
7:30 am – 2:00 pm
5780 Major Boulevard
Orlando, FL 32819

Stop by our Booth at ORLANDO Mayors Summit
Informed • Connected • Involved.

~contact Erika Echevestre 407.908.8125

Saturday – May 28, 2011
Time: 10:30 am to Noon
Location: Hart Memorial Central Library
Room Name: Lillie Room–2nd Floor–Hart Memorial
211 East Dakin Avenue, Kissimmee Florida 34741

The event is being held to advocate and educate families who may be
losing their homes to foreclosure.

Helping homeowners sift through the tangled web of mortgage modification guidelines and federal programs.
Assisting and counseling homeowners in finding solutions to fight foreclosure.

*Esta presentacion tambien en español a las 11:00 am

FREE CONSULTATION AT EVENT.
Contact: Erika Echevestre, Regional Director 407.908.8125

Meet the Easter Bunny and look for hidden eggs!
The bunny’s visits and photo schedule is as follows:

Date: Saturday, April 23, 2011
Time: 10:00am to 2:00pm
Place: Stars Complex –
2990 Edison Ave.
Ft Myers, FL 33916
(before and during the Community Easter Egg Hunt scheduled from12 noon til 2:00 pm)

For more information about other Easter Bunny hopping grounds during the week contact
Mrs. Gloria Parson at 239-823-9364

Meet the Easter Bunny and look for hidden eggs!
The bunny’s visits and photo schedule is as follows:

Date: Friday, April 22, 2011
Time: 9:00am til 4:00pm
Place: Fleamasters Fleamarket
(Booth #64 on the Blue Isle)
4135 Dr. MLK, Jr. Blvd.
Ft. Myers, FL 33916

For more information about other Easter Bunny spottings during the week contact
Mrs. Gloria Parson at 239-823-9364

Date: Saturday, April 30, 2011
Time: 10:30 am to 11:30 Noon
Location: Edgewater Library
Edgewater Library
5049 Edgewater Dr.
Orlando, FL 32810

The event is being held to advocate and educate families who may be
losing their homes to foreclosure.

Helping homeowners sift through the tangled web of mortgage modification guidelines and federal programs.
Assisting and counseling homeowners in finding solutions to fight foreclosure.

Feel free to come in and sign our Petition: SHOW ME THE NOTE

We invite you to attend this free informative and empowering workshop that will answer your questions about foreclosure and the impact of the economy on the real estate market.

RSVP: Erika Echevestre Call 407-908-8125

Staying together through tough times, we’d like to meet you. Stop by our booth!

When: Saturday, April 16, 2011
Time: 11:30 am to 3:30 pm
Address: Community Center Complex
395 Marigold Ave
Kissimmee, FL 34759

For more information contact Regional Director Erika Echevestre 407.908.8125

Date: Saturday, March 12, 2011
Time: 11:00 am to 12:00 Noon
Location: Northwest Regional Library
519 Chiquita Blvd. North
Cape Coral, FL 33993
239-533-4700

The event is being held to advocate and educate families who may be
losing their homes to foreclosure.

Since the inception of its Foreclosure Prevention Program launched in mid-2008, The Helpful Hands Foundation(THHF), a 501 (c) (3) nonprofit organization, has helped families save their homes from foreclosure by sifting through the tangled web of incessant changes in mortgage modification guidelines and federal programs to assist and counsel homeowners in finding solutions to enable hard-hit homeowners to survive the forces surrounding foreclosures.

Feel free to come in and sign our Petition: SHOW ME THE NOTE

We invite you to attend this free informative and empowering workshop that will answer your questions about foreclosure and the impact of the economy on the real estate market.

RSVP: Mrs. Gloria Parson Call 1-239-337-7867

Open to the Public: Free

Saturday: February 26, 2011
At 2:00 pm

Library
215 N Oxford Rd
Casselberry, FL 32707

The Helpful Hands Foundation, Inc. a 501c3 nonprofit organization

Community Outreach: What to do if You are served with Foreclosure Notice.
The event is being held to advocate and educate families who may be losing their homes to foreclosure.

Since the inception of its Foreclosure Prevention Program launched in mid-2008, The Helpful Hands Foundation(THHF), a 501 (c) (3) nonprofit organization, has helped over 1,000 families save their homes from foreclosure by sifting through the tangled web of incessant changes in mortgage modification guidelines and federal programs to assist and counsel homeowners in finding solutions to enable hard-hit homeowners to survive the forces surrounding foreclosures.

Feel free to come in and sign our Petition: SHOW ME THE NOTE

We invite you to attend this free informative and empowering workshop that will answer your questions about foreclosure and the impact of the economy on the real estate market.
Call 1-407-366-3999.